Duolingo (DUOL) Set to Announce Quarterly Earnings on Tuesday

Duolingo (NASDAQ:DUOL) is expected to be announcing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect Duolingo to announce earnings of $0.5690 per share and revenue of $303.22 million for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 5:00 PM ET.

Duolingo (NASDAQ:DUOL) last issued its earnings results on Wednesday, August 5th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.06. Duolingo had a return on equity of 12.10% and a net margin of 35.88%. The company had revenue of $298.45 million during the quarter, compared to analysts’ expectations of $295.58 million. During the same period in the prior year, the business earned $0.91 EPS. The firm’s quarterly revenue was up 18.3% on a year-over-year basis. On average, analysts expect Duolingo to post $2.62 EPS for the current fiscal year and $3.11 EPS for the next fiscal year.

Duolingo Stock Down 3.1%

NASDAQ DUOL opened at $138.60 on Tuesday. Duolingo has a 52 week low of $87.89 and a 52 week high of $318.84. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.06. The business’s fifty day simple moving average is $145.61 and its 200-day simple moving average is $125.11. The firm has a market cap of $6.49 billion, a PE ratio of 16.42, a P/E/G ratio of 1.17 and a beta of 1.05.

Insider Activity at Duolingo

In other news, Director William Gordon sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $145.67, for a total value of $1,456,700.00. Following the sale, the director directly owned 68,415 shares of the company’s stock, valued at approximately $9,966,013.05. The trade was a 12.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Natalie Glance sold 2,751 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $129.13, for a total transaction of $355,236.63. Following the completion of the transaction, the insider owned 170,650 shares in the company, valued at approximately $22,036,034.50. This represents a 1.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 250,740 shares of company stock valued at $37,685,893 over the last quarter. 16.62% of the stock is owned by insiders.

Wall Street Analyst Weigh In

DUOL has been the subject of several recent analyst reports. Citigroup upgraded shares of Duolingo from a “hold” rating to a “buy” rating in a research report on Tuesday, August 18th. Needham & Company LLC reiterated a “buy” rating and issued a $145.00 target price on shares of Duolingo in a report on Thursday, August 6th. Compass Point assumed coverage on shares of Duolingo in a research note on Tuesday, August 18th. They issued a “buy” rating for the company. Craig Hallum lowered shares of Duolingo to a “hold” rating in a research report on Tuesday, August 18th. Finally, Scotiabank set a $120.00 price objective on Duolingo in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $127.19.

Duolingo News Roundup

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: A bullish analysis argues that Duolingo’s decision to reduce monetization friction could support stronger user growth and improve the company’s long-term opportunity. Management is targeting 100 million daily active users by 2028, while daily active-user growth reportedly reaccelerated in the first half of 2026. Duolingo: The 2027 Bull Case Is Hidden In The Monetization Switch
• Neutral Sentiment: Recent consumer-focused coverage highlighted continued engagement with Duolingo’s language-learning product and a marketing stunt involving Apple’s iPhone. These items may support brand visibility but provide limited direct evidence of near-term financial performance.
• Neutral Sentiment: A market-data report cited zero reported short interest as of October 26, but that figure may reflect a reporting or data issue and offers little actionable insight into investor positioning. Duolingo Stock Dips While Market Gains: Key Facts
• Negative Sentiment: Several law firms publicized a securities class action against Duolingo covering investors who purchased Class A shares from May 2, 2025, through February 26, 2026. The complaints allege that the company made misleading statements or omissions about product quality, monetization, and the sustainability of its growth. The allegations have not been proven, but the legal campaign creates reputational, financial, and headline risk. Investors have until December 7, 2026, to seek appointment as lead plaintiff. Kaplan Fox Duolingo Class Action Notice
• Negative Sentiment: The central investor concern is that Duolingo’s earlier push to increase monetization boosted bookings but slowed daily-user growth. Management’s subsequent reversal may require sacrificing more than $50 million in 2026 bookings, raising questions about near-term revenue growth and the trade-off between user expansion and monetization.

Duolingo Company Profile

Duolingo, Inc develops technology-based learning products designed to make education accessible and engaging. Its flagship Duolingo mobile and web platform offers gamified courses in languages including Spanish, English, French, German and Japanese, among others. Lessons incorporate interactive exercises, personalized practice and achievement-based features intended to support regular learning.

The company also operates the Duolingo English Test, an online English-proficiency assessment that can be taken remotely and is accepted by educational institutions and other organizations.